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wrkr Ltd (ASX:WRK)

ALERT: Price-sensitive ASX Announcement for WRK
Current share price for WRK : $0.071 -0.01 (-12.35%)+
Announcement
Release
22 Jul 2026 3:50PM
Price at Release
$0.081
Full Release
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Summary
Wrkr Ltd's Quarterly Activity Report for Q4 FY26 highlights strong platform momentum with over 34,000 new organizations registered and more than $1 billion in contributions processed between May and June 2026. Operational highlights include successful onboarding and integration of major funds such as AustralianSuper and MUFG boutique funds, contributing to increased transaction volumes. Financially, the company reported strong cash receipts of $6.7 million for the quarter, resulting in a positive net operating cash flow of $0.5 million. Strategic investments continue to support platform enhancements and integration efforts, particularly in the PaidRight system to expand its SaaS offerings. The report also notes a variance in expected EBITDA due to timing delays rather than reduced demand, with Wrkr focusing on converting contracted pipelines into recurring revenue as it moves into FY27.
Key Points
  • 34,000 new organizations registered on the platform.
  • Over $1 billion in contributions processed in May-June 2026.
  • Successful onboarding of AustralianSuper and MUFG funds.
  • Cash receipts of $6.7 million for Q4 FY26.
  • Net operating cash flow of $0.5 million.
  • Continued strategic investment in platform enhancements.
  • PaidRight system's expansion into SaaS offerings.
  • Timing delays impact expected EBITDA.
  • Focus on converting pipelines into recurring revenue.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.